The markets have been patient with the political turmoil in Washington… until last week. The markets have now shifted their focus to the softer economic reports and are selling off on the worse than expected numbers. GDP numbers were horrible and the debt debate (/debacle) did nothing to instill confidence that Washington can... Read more
Posts Tagged ‘Debt’
The Beginning Of The Great Recession Part II
August 4 | Posted by Kevin Monaghan | Top Story Tags: 200 Day Moving Average, Bear Market, Bearish, Ben Bernanke, Debt, Fed, GDP, Great Depression, Head And Shoulders, Recession, S&P 500, SPY, Technical Trade, US Debt
S&P Slaps “Negative” Outlook On US – Surprised Or About Time?
April 19 | Posted by Kevin Monaghan | Inside Trader Highlights Tags: Debt, Euro, Gold, Greece, Ireland, Portugal, Precious Metals, S&P, S&P Downgrade, Silver, US Debt, US DollarThe entire world has been wondering when this one was coming. $14 Trillion in debt has sparked comments from other governments, particularly China, in the rationality that it will be able to meet its debt obligations to investors and social programs. One thing that this will do is force politicians to act instead... Read more
